What Role Does Parent's Income Play In Child Support?
During a divorce that involves children, one of the parent ends up having custody over the children while the other parent pays a certain amount as child support. It is very important that parents calculate the amount of child support they need to pay. Parents should first work out where and with whom the children will live. Once that is sorted out, both parents should decide on a certain amount that must be paid for child support. The parent who loses custody battle usually become the primary child support payer. It is usually the parent with the higher income.
To calculate the gross annual income, parents need to look at their income tax return and the amount that is stated. From that amount they must minus union dues if present. It will give a fair idea of what each parent earns in a month. Additionally, they can contact a Child Support Services officer to help them chalk out the best plan for child support.
A split parenting can occur when there are more than two children involved and when each parent becomes the primary caretaker of each child. In such cases, it becomes the duty to each parent to contribute equally for child support. But that again it depends on the annual income of each parent.
There are many child support calculators available online. Such online calculator which has been created by the state gives an relatively accurate idea about the amount each parent need to spend each year for child support.
Parental income is very important for child support decisions because it determines how much each parent should pay for supporting their child. A child support calculator considers important factors like annual salary and expenses and determines a guideline amount to be paid.
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